26 Adams StSpencerMA01562
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 26 Adams St, Spencer, MA, 01562 in Spencer hard to pass up. The 10.97% gross yield on a $299,000 purchase results in $2,732/mo in rent and $848/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.03). Annual cash flow of $10,174, five-year appreciation of $82,608, and $2,754/yr in equity build-up combine for a projected total cumulative return of $168,096.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 7.5% |
| Monthly Cash Flow | $848 | $350 |
City averages based on Spencer market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,732 |
| Total Monthly Debt Service | $1,766 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1887
4,764 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01562, Spencer, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,548 (100%) |
| Owner Occupied HU | 3,340 (60.2%) |
| Renter Occupied HU | 1,867 (33.7%) |
| Vacant Housing Units | 341 ( 6.1%) |
| Median Home Value | $426,833 |
| Average Home Value | $470,553 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,666
Multi-Family
296
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1887
4,764 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01562, Spencer, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,548 (100%) |
| Owner Occupied HU | 3,340 (60.2%) |
| Renter Occupied HU | 1,867 (33.7%) |
| Vacant Housing Units | 341 ( 6.1%) |
| Median Home Value | $426,833 |
| Average Home Value | $470,553 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,666
Multi-Family
296
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices